M&A - BlackRock Private Credit Fund

Form Type: 8-K

Filing Date: 2025-07-01

Corporate Action: Acquisition

Type: New

Accession Number: 000113322825006943

Filing Summary: On July 1, 2025, BlackRock Private Credit Fund's adviser, BlackRock Capital Investment Advisors, announced the successful completion of its acquisition of HPS Investment Partners, acquiring 100% of its business and assets. This acquisition positions BlackRock as a leading player in the global credit investment management space. The decision-making process for investment evaluations is centralized through an investment committee comprising professionals from various functional groups, ensuring a robust decision-making framework. Key voting members of this investment committee include Philip Tseng, Jason Mehring, Dan Worrell, Christian Donohue, Vikas Keswani, Michael Fenstermacher, and Grishma Parekh. The acquisition announcement was supported by a press release attached as Exhibit 99.1, which provides critical details about the deal and its implications for BlackRock Private Credit Fund.